Nationally Ranked Litigation Firm Labaton Sucharow LLP Files Securities Class Action Against Changyou.com Ltd. (Previous Ticker: CYOU) and its Acquirer Sohu.com Limited (Nasdaq Ticker: SOHU) for Securities Violations

Dec 09, 2020

Labaton Sucharow LLP (“Labaton Sucharow”) has filed a securities class action lawsuit against Changyou.com Limited (NYSE: CYOU) (“Changyou” or the “Company”) and certain of its executives, as well as its acquirer Sohu.com Limited (Nasdaq Ticker: SOHU) (collectively, “Defendants”). The action asserts claims under Sections 10(b), 13(e), and 20(a) of the Securities Exchange Act of 1934, and U.S. Securities and Exchange Commission Rules 10b-5 and 13e-3 promulgated thereunder, on behalf of all former owners of Changyou stock and American Depositary Shares (“ADSs”) who sold shares, and were damaged thereby, during the period between February 14, 2020 and April 23, 2020 inclusive (the “Class Period”).

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